The Jamaica Stock Exchange US dollar market closed Friday, with a moderation in the volume of on with a 70 percent lower value than Thursday with a similar number of stocks trading both days. The market closed with activities in 11 securities and ended with prices of three rising, four declining and four ending unchanged.
The day closed with an exchange of 318,360 shares for US$20,139 compared with 302,740 stocks at US$66,625 on Thursday. Trading averaged 28,942 shares at US$1,831 compared to 27,522 stocks at US$6,057 on Thursday, with a month to date average of 115,433 units at US$5,430 slightly down from 121,819 stocks at US$5,695 on the previous day and January that ended with an average of 103,137 units for US$4,549.
The US Denominated Equities Index dipped 1.52 points to conclude trading at 224.76. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the best known measures to determine appropriate stock values, averages 9.6. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close, AS Bryden dipped 1.2 cents to end at 19.8 US cents as investors exchanged 3,659 stock units, First Rock Real Estate USD share ended at 2.1 US cents with trading in 51,341 shares, Margaritaville popped 1.5 cents to 9.5 US cents with an exchange of 1,024 stocks. Proven Investments remained at 11.35 US cents after closing with an exchange of 119,762 units, Sterling Investments remained at 1.82 US cents with investors trading 10,736 stocks, Sygnus Credit Investments advanced 0.01 of one cent and ended at 7 US cents in switching ownership of 3,984 units. Sygnus Real Estate Finance USD share ended at 7.94 US cents with investors trading 1,954 shares and Transjamaican Highway fell 0.18 of one cent and ended at 2.29 US cents with 125,785 stock units crossing the exchange.
In the preference segmen, Sygnus Credit Investments US 8% rose 0.02 of one cent to end at US$8.5002 with a transfer of 5 shares, Sygnus Credit Investments US 8% lost 79.99 cents in closing at US$9.0001 after an exchange of 70 stock units and Sygnus Credit Investments E8.5% dropped 17 cents to close at US$9.73 with 40 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
